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Hey Dude Clothing Company issues 3,800 shares of $1 par value common stock at $49 per share. Later in the year, the company decides to
Hey Dude Clothing Company issues 3,800 shares of $1 par value common stock at $49 per share. Later in the year, the company decides to purchase 130 shares at a cost of $52 per share. Record the transaction if Hey Dude resells the 130 shares of treasury stock at $49 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No 1 Transaction 1 Treasury Stock Cash Answer is not complete. General Journal X 3 x Debit 6,760 X Credit 6,760 X
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